Chubb Corp. (CB) Tops Q4 EPS by 36c

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Go back to Chubb Corp. (CB) Tops Q4 EPS by 36c

Chubb Reports Fourth Quarter Per Share Net Income and Core Operating Income of $5.34 and $3.18, Up 107.8% and 39.5%, Respectively; Consolidated Net Premiums Written of $8.41 Billion, Up 5.2%, with Com

February 2, 2021 4:05 PM EST

ZURICH, Feb. 2, 2021 /PRNewswire/ -- Chubb Limited (NYSE: CB) today reported net income for the quarter ended December 31, 2020 of $2.42 billion, or $5.34 per share, compared with $1.17 billion, or $2.57 per share, for the same quarter last year. Core operating income was $1.44 billion, or $3.18 per share, compared with $1.04 billion, or $2.28 per share, for the same quarter last year. Book and tangible book value per share increased 5.5% and 8.1%, respectively, from September 30, 2020 and now stand at $131.88 and $87.69, respectively. Book value was favorably impacted by total after-tax net realized and unrealized gains of $2.01 billion, including a gain of $1.63 billion... More